Home Highlights
Townhouse
Built in 1975
450 sqft
$2,677/sqft
Local Information
- Map ViewExplore the area around 516 E 40th St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:On-site laundryAssigned parking
Located in Hyde Park, this 10-unit complex sits 75 steps from Hancock Golf Course. Features: on-site laundry, assigned parking, and 2 storage rooms. Pets welcome (1 under 20 lbs, $200 fee, breed restrictions apply). Ideally near St. David's, UT Law, and DKR Stadiumperfect for students and professionals. Enjoy nearby shopping, dining, and quick access to Downtown. A solid investment in one of Austin's best neighborhoods, blending residential charm with urban convenience. For more properties like this visit Affordable Housing.
516 E 40th St, Austin, TX 78751 is a 1 bedroom, 1 bathroom, 450 sqft townhouse in Hancock, built in 1975. More recently, it was listed as a rental in March 2026 with an asking price of $1,100 per month. That rental listing was removed on April 24, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,204,500, with a rent estimate of $1,062/month.
Home Details for 516 E 40th St
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Townhouse |
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Lease Term: Contact For Details |
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Appliances & Utilities DisposalRefrigerator |
Heating & Cooling Cooling System: Ceiling Fan |
Comparable Sales for 516 E 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.52 | Townhouse | - | 04/30/26 | 3 | 3 | 1,525 sqft | |
1.59 | Townhouse | - | 06/22/26 | 3 | 2.5 | 1,562 sqft | |
1.52 | Townhouse | - | 04/30/26 | 3 | 2.5 | 2,294 sqft | |
1.70 | Townhouse | - | 04/17/26 | 3 | 3 | 1,584 sqft | |
1.82 | Townhouse | - | 10/30/25 | 3 | 2 | 1,669 sqft | |
1.80 | Townhouse | - | 05/14/26 | 3 | 3.5 | 2,145 sqft | |
2.18 | Townhouse | - | 02/05/26 | 2 | 3 | 1,200 sqft | |
1.80 | Townhouse | - | 05/04/26 | 4 | 3.5 | 2,300 sqft | |
1.88 | Townhouse | - | 04/23/26 | 3 | 4 | 2,372 sqft | |
2.12 | Townhouse | - | 08/07/26 | 3 | 3.5 | 2,196 sqft |
Nearby homes
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Rental Market Trends in Hancock
Last updated Sep 2026
Trulia Rent Estimate$1,062/mo
Average rent
$3.1K
$900MoM
Available listings
122
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Hancock
At least 20 Trulia users voted on each feature.
97 % Say it's dog friendly
89 % Say it's walkable to restaurants
83 % Say there are sidewalks
80 % Say parking is easy
77 % Say people would walk alone at night
66 % Say car is needed
64 % Say it's walkable to grocery stores
59 % Say yards are well-kept
47 % Say there's holiday spirit
46 % Say it's quiet
44 % Say neighbors are friendly
43 % Say kids play outside
41 % Say there's wildlife
35 % Say streets are well-lit
21 % Say they plan to stay for at least 5 years
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 24, 2026 Source: Zillow Rentals | ListingRemoved | $1,100 |
Mar 23, 2026 Source: Zillow Rentals | Listed For Rent | $1,100 |
Jul 16, 2025 Source: Zillow Rentals | ListingRemoved | $1,050 |
Jun 17, 2025 Source: Zillow Rentals | PriceChange | $1,050 Price decreased by 19% |
Jun 9, 2025 Source: Zillow Rentals | Listed For Rent | $1,300 |
Jul 25, 2015 Source: Agent Provided | ListingRemoved | $900 |
Jun 16, 2015 Source: Agent Provided | PriceChange | $900 Price decreased by 4% |
May 29, 2015 Source: Agent Provided | Listed For Rent | $935 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $32,416 | $1,584,000 |
Home facts updated by county records
Frequently asked questions about 516 E 40th St
- What is 516 E 40th St estimated to be worth?Trulia's estimated value for 516 E 40th St in Austin, TX is $1,204,500.
- Is Austin a buyer's or seller's market?Austin is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Austin?The median sale price in Austin is $587K. That is up $167 from the prior month.
- What do residents say about the Hancock neighborhood?Residents describe the Hancock neighborhood in Austin, TX as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Hancock, Austin.
- Does 516 E 40th St have air conditioning?Yes, 516 E 40th St in Austin, TX has air conditioning.
Homes for rent near 516 E 40th St
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Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
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Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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